Associate Actuary - Trad Valuation

Transamerica Corporation

Cedar Rapids, Iowa, US
Base: $128,000 - $165,000 annually; bonus: 15% ann...
Hybrid (3 days in-office, tuesday-thursday)
Gaap implementation experience
Traditional life insurance products knowledge
Axis modeling proficiency
Transamerica Corporation is seeking an Associate Actuary for their Trad Valuation team, responsible for leading GAAP implementation and governance for Traditional Life products. The ideal candidate should have a strong actuarial background, experience with life insurance products, and excellent communication skills, fitting into the company's collaborative and inclusive culture

Job Summary

  • The role involves leading the implementation of GAAP valuation reporting for Traditional Life blocks of business while ensuring accurate execution of accounting changes.
  • Transamerica offers a comprehensive benefits package including a pension plan, 401k match, and 160 hours of paid time off annually for new employees.
  • This hybrid position requires working in-office three days per week in one of four hub locations: Cedar Rapids, Baltimore, Philadelphia, or Denver.

Matching Summary

Match Score: 85

Transamerica Corporation is seeking an Associate Actuary for their Trad Valuation team, responsible for leading GAAP implementation and governance for Traditional Life products. The ideal candidate should have a strong actuarial background, experience with life insurance products, and excellent communication skills, fitting into the company's collaborative and inclusive culture.

Salary

Base: $128,000 - $165,000 annually; Bonus: 15% Annual Bonus based on performance; Benefits: Pension, 401k match, medical, dental, vision, parental leave

Skills & Requirements

Must-have

  • GAAP implementation experience
  • Traditional life insurance products knowledge
  • AXIS modeling proficiency
  • Large data set analysis skills
  • Autonomous work capability

Nice-to-have

  • Power BI visualization experience
  • SQL VBA Python programming
  • Strong communication with leadership
  • High professional integrity standards
  • Collaborative team environment

Key Requirements

  • Bachelor's degree in Actuarial Science or related field
  • 5 years of relevant actuarial experience
  • FSA or equivalent professional designation
  • Master's degree with 4 years experience as alternative
  • Hybrid work availability in specified hubs

Work Rights

Not specified

Tailored Resume

Cover Letter